Financial Benchmarking Survey

The Financial Benchmarking Survey (FBS) is widely recognised as the annual financial health check for small to medium-sized firms. The survey is produced in association with Hazlewoods and sponsored by Lloyds Bank.

2024 results

Law firms are weathering an adverse financial environment, reporting a growth in fee income despite falling chargeable hours, according to our Financial Benchmarking Survey 2024.

Explore the findings

2023 results

The 2023 report presents financial performance data on the financial year from 31 March 2021 to 30 April 2022.

View the Financial Benchmarking Survey 2023 report

2022 results

The 2022 report presents financial performance data on the financial year from 31 March 2020 to 30 April 2021, the first full year during the COVID-19 pandemic with three national lockdowns.

View the Financial Benchmarking Survey 2022 report

2021 results

The 2021 report presents financial performance data on the financial year from 31 March 2019 to 30 April 2020, the year before the COVID-19 pandemic began to affect the UK.

View the Financial Benchmarking Survey 2021 report

2020 results

The 2020 report summarises the financial performance of the participants prior to the onset of the COVID-19 pandemic.

View the Financial Benchmarking Survey 2020 report

FBS Updates

2024_RESULTS

The results are in: Financial Benchmarking Survey 2024

2024-03-20T08:55:00+00:00

Law firms are weathering an adverse financial environment, reporting a growth in fee income despite falling chargeable hours, according to our Leadership and Management Section Financial Benchmarking Survey 2024.

All FBS Updates

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